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Financial Terms | |
Multi-option financing facility |
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Definition of Multi-option financing facilityMulti-option financing facilityA syndicated confirmed credit line with attached options.
Related Terms:Abandonment optionThe option of terminating an investment earlier than originally planned. American optionAn option that may be exercised at any time up to and including the expiration date. American optionAn option that can be exercised any time until its American-style optionAn option contract that can be exercised at any time between the date of purchase and Arbitrage-free option-pricing modelsYield curve option-pricing models. Asian optionoption based on the average price of the asset during the life of the option. Asset-based financingMethods of financing in which lenders and equity investors look principally to the ![]() Asset-Based FinancingLoans granted usually by a financial institution where the asset being financed constitutes the sole security given to the lender. Back-to-back financingAn intercompany loan channeled through a bank. Balanced-Budget MultiplierThe multiplier associated with a change in government spending financed by an equal change in taxes. Bargain-purchase-price optionGives the lessee the option to purchase the asset at a price below fair market Barrier optionsContracts with trigger points that, when crossed, automatically generate buying or selling of Basket optionsPackages that involve the exchange of more than two currencies against a base currency at Binomial option pricing modelAn option pricing model in which the underlying asset can take on only two Black-Scholes option-pricing modelA model for pricing call options based on arbitrage arguments that uses Bridge financingInterim financing of one sort or another used to solidify a position until more permanent ![]() cafeteria plan a “menu” of fringe benefit options that includecash or nontaxable benefits Call an optionTo exercise a call option. Call optionAn option contract that gives its holder the right (but not the obligation) to purchase a specified Call OptionA contract that gives the holder the right to buy an asset for a call optionRight to buy an asset at a specified exercise price on or before the exercise date. Cash Flow Provided or Used from Financing ActivitiesCash receipts and payments involving CASH FLOWS FROM FINANCING ACTIVITIESA section on the cash-flow statement that shows how much cash a company raised by selling stocks or bonds this year and how much was paid out for cash dividends and other finance-related obligations. Compound optionoption on an option. Cost of lease financingA lease's internal rate of return. Covered or hedge option strategiesStrategies that involve a position in an option as well as a position in the Currency optionAn option to buy or sell a foreign currency. Dealer optionsOver-the-counter options, such as those offered by government and mortgage-backed Debt FinancingRaising loan capital through the creation of debt by issuing a form of paper evidencing amounts owed and payable on specified dates or on demand. Debtor-in-possession financingNew debt obtained by a firm during the Chapter 11 bankruptcy process. Delivery optionsThe options available to the seller of an interest rate futures contract, including the quality Doubling optionA sinking fund provision that may allow repurchase of twice the required number of bonds Down-and-in optionBarrier option that comes into existence if asset price hits a barrier. Down-and-out optionBarrier option that expires if asset price hits a barrier. Either/or facilityAn agreement permitting a bank customer to borrow either domestic dollars from the Elasticity of an optionPercentage change in the value of an option given a 1% change in the value of the Embedded optionAn option that is part of the structure of a bond that provides either the bondholder or Equity multiplierTotal assets divided by total common stockholders' equity; the amount of total assets per Equity optionsSecurities that give the holder the right to buy or sell a specified number of shares of stock, at Escalating Price OptionA nonqualified stock option that uses a sliding scale for European optionoption that may be exercised only at the expiration date. Related: american option. European optionAn option that can be exercised only on its expiration date. European-style optionAn option contract that can only be exercised on the expiration date. Exercising the optionThe act buying or selling the underlying asset via the option contract. Exit OptionsA variety of options available to an investor to recover their invested capital and the return on their investment. Export FinancingA range of financing products (loans. guarantees, letters of credit, insurance etc.) in support of a variety of activities which help Canadian firms expand into new export markets. Federal Financing BankA federal institution that lends to a wide array of federal credit agencies funds it financing activitiesOne of the three classes of cash flows reported in the financing decisiona judgment made regarding the method financing decisionDecision as to how to raise the money to pay for investments in real assets. Financing decisionsDecisions concerning the liabilities and stockholders' equity side of the firm's balance Financing InstrumentsThis is a generic term that refers to the many different forms of financing a business may use. For example - loans, shares, and bonds are all considered financing instruments. Foreign currency optionAn option that conveys the right to buy or sell a specified amount of foreign Forward looking multipleA truncated expression for a P/E ratio that is based on forward (expected) Futures contract multipleA constant, set by an exchange, which when multiplied by the futures price gives Futures optionAn option on a futures contract. Related: options on physicals. Garmen-Kohlhagen option pricing modelA widely used model for pricing foreign currency options. Greenshoe optionoption that allows the underwriter for a new issue to buy and resell additional shares. Heavenly Parachute Stock OptionA nonqualified stock option that allows a deceased option holder’s estate up to three years in which to exercise his or her Incentive Stock OptionAn option to purchase company stock that is not taxable Index and Option Market (IOM)A division of the CME established in 1982 for trading stock index Index optionA call or put option based on a stock market index. Interest OptionOne of several investment accounts in which your premiums may be invested within your life insurance policy. International Banking Facility (IBF)International Banking facility. A branch that an American bank Intrinsic value of an optionThe amount by which an option is in-the-money. An option which is not in-themoney Irrational call optionThe implied call imbedded in the MBS. Identified as irrational because the call is Liquid yield option note (LYON)Zero-coupon, callable, putable, convertible bond invented by Merrill Liquid yield option note (LYON)Zero-coupon, callable, putable, convertible bond invented by Merrill Lynch & Co. Lookback optionAn option that allows the buyer to choose as the option strike price any price of the Margin requirement (Options)The amount of cash an uncovered (naked) option writer is required to Money MultiplierChange in the money supply per change in the money base. Multicurrency clauseSuch a clause on a Euro loan permits the borrower to switch from one currency to Multicurrency loansGive the borrower the possibility of drawing a loan in different currencies. Multifactor CAPMA version of the capital asset pricing model derived by Merton that includes extramarket Multifamily loansLoans usually represented by conventional mortgages on multi-family rental apartments. Multilevel bill of materialAn itemization of all bill of material components, including Multinational corporationA firm that operates in more than one country. Multiperiod immunizationA portfolio strategy in which a portfolio is created that will be capable of Multiple Deposit CreationThe process whereby the money multiplier operates. Multiple-discriminant analysis (MDA)Statistical technique for distinguishing between two groups on the Multiple-issuer poolsUnder the GNMA-II program, pools formed through the aggregation of individual Multiple LivesTwo or more death benefits based on one definition with different insureds. Multiple rates of returnMore than one rate of return from the same project that make the net present value Multiple regressionThe estimated relationship between a dependent variable and more than one explanatory variable. multiple regressiona statistical technique that uses two or MultiplesAnother name for price/earnings ratios. MultiplierChange in the equilibrium value of a variable of interest per change in a variable over which one has control. "The" multiplier is the change in equilibrium income per change in government spending. multiprocess handlingthe ability of a worker to monitor Multirule systemA technical trading strategy that combines mechanical rules, such as the CRISMA Naked option strategiesAn unhedged strategy making exclusive use of one of the following: Long call Net financing costAlso called the cost of carry or, simply, carry, the difference between the cost of financing Nonqualified Stock OptionA stock option not given any favorable tax treatment Note issuance facility (NIF)An agreement by which a syndicate of banks indicates a willingness to accept Off-balance-sheet financingfinancing that is not shown as a liability in a company's balance sheet. OptionGives the buyer the right, but not the obligation, to buy or sell an asset at a set price on or before a OptionSee call option and put option OptionA right to buy or sell specific securities or commodities at a stated OptionRight to buy or sell a specified property at a specified amount at some time in the future. Option-adjusted spread (OAS)1) The spread over an issuer's spot rate curve, developed as a measure of Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |